US Market News
3月前
Hands In and UATP Announce Global Partnership to Transform Airline Payments WorldwideMarch 10, 2026 10:39 AM
PR Newswire (US)
Partnership Brings Split Payments to the Travel Industry via UATP's Ceptor® PlatformLONDON and WASHINGTON, March 10, 2026 /PRNewswire/ -- Hands In, the UK-based split payment solutions provider and UATP, the global network that helps organizations simplify payments and expand their payment options, today announced a strategic partnership allowing airlines to activate Hands In's proprietary split payments API to combine multiple cards, payers, and payment methods for one payment.
The collaboration brings together UATP's position as a leader in aviation payments infrastructure with Hands In's rapidly adopted split payment functionality helping airlines modernize checkout without disrupting their current payment architecture. Across travel and other high-value commerce sectors, these capabilities help merchants recover transactions that would otherwise be lost due to insufficient funds or card limits while enabling larger purchases and shared bookings. Samuel Flynn, CEO of Hands In, stated, "Airlines do not want another complex integration. They want functionality that works within their existing infrastructure. By embedding directly into UATP's Ceptor, Hands In is making split payments that combine multiple cards, payers, and methods accessible at a global scale, not only from an enablement perspective but also reconciliation, which is the major challenge for airlines accepting split payments today."Through this partnership, airlines across the globe will be able to offer travelers the ability to split the cost of flights and ancillary services between cards and payment methods, directly at checkout, without needing internal development for this functionality. "UATP continues to lead in payments innovation. Integrating Hands In into the Ceptor platform allows us to offer airlines enhanced flexibility to travellers at checkout while preserving the integrity and reliability of our Network," stated Ralph Kaiser, President and CEO of UATP.As demand for flexible payment options continues to rise, particularly for higher-value travel purchases, this collaboration empowers airlines to increase conversion and approval rates, grow ancillary revenue, and improve customer satisfaction. Passengers benefit from greater financial flexibility and transparency, while airlines maintain full control over the customer experience within their own branded environment.As airlines continue to innovate in retailing and digital transformation, this partnership sets a new standard for flexible, customer-centric payment experiences in the aviation sector.For more information, visit https://www.handsin.com/ and uatp.comUATP media contact: Wendy Ward, wward@uatp.comHands In media contact: hafsa@handsin.comAbout Hands InHands In is a UK-based payment solutions company specializing in split payment enablement, which combines multiple cards, payment methods, and payers into one payment for the travel industry. Founded in 2022, Hands In enables merchants to unlock incremental revenue from adding new sales at checkout and recovering payment declines without changing their existing payment stack. Learn More: https://www.handsin.com/About UATPUATP is one of the largest global and most secure closed-loop networks, simplifying payments in complex industries. We make it easy for businesses to make or accept any type of payment; open new markets, drive growth, and reduce costs for Issuers, Merchants, vendors, agents, aggregators, and more. UATP is continually innovating to connect companies to new forms of payment (AFPs), and our easy-to-use data tools, DataStream® and DataMine®, provide comprehensive account details to Issuers and Corporate Account Holders. Our team has decades of experience with the ever-changing payments landscape, and our reliable and proven technology ensures our global customers get more from every payment experience. Learn more at uatp.com.Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies, and Amtrak®; UATP accounts are issued by: Aeromexico; AERTiCKET; Air Canada (TSE: AC); Air China; Air New Zealand (ANZFF.PK); Air Niugini; AirPlus International a wholly owned subsidiary of SEB Kort; Akbar Travels; American Airlines (NASDAQ: AAL); APG Airlines; APG Pay; Austrian Airlines; BCD Travel; China Eastern Airlines (NYSE: CEA); ConnexPay; Delta Air Lines (NYSE: DAL); EL AL Israel Airlines; Ethiopian Airlines; Etihad Airways; Fareportal; Flight Centre Travel Group; Frontier Airlines; GOL Linhas Aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Hahn Air; High Point Travel; Hopper; Japan Airlines (9201:JP); JetBlue Airways; LATAM Airlines; MakeMyTrip; Qantas Airways (QUBSF.PK); Shandong Airlines; Sichuan Airlines; Southwest Airlines; Sun Country Airlines; TUIfly GmbH; Turkish Airlines (ISE: THYAO); United Airlines (NASDAQ: UAL); Wego; WestJet; Wings Global Travel and W2 by GO7.Logo - https://mma.prnewswire.com/media/75542/UNIVERSAL_AIR_TRAVEL_PLAN_LOGO.jpg
View original content:https://www.prnewswire.co.uk/news-releases/hands-in-and-uatp-announce-global-partnership-to-transform-airline-payments-worldwide-302709644.html
Original: Hands In and UATP Announce Global Partnership to Transform Airline Payments Worldwide
US Market News
4月前
UATP Partners with MICA to Bring Credential-less Multi-Tender Payment Solution to MerchantsFebruary 19, 2026 10:24 AM
PR Newswire (US)
Solution gives merchants greater payment flexibility and streamlined operations at the network level, powered by Mica's patented technology.WASHINGTON and AUSTIN, Texas, Feb. 19, 2026 /PRNewswire/ -- UATP, the global network that helps organizations simplify payments and expand their payment options, has partnered with credential-less payments infrastructure provider Mica to launch multi-tender payment capabilities for merchants. Powered by Mica's patented payment technology and delivered through UATP's global payment platform, the new network solution enables merchants to intelligently allocate a single booking across multiple payment types in one transaction, while keeping settlement and reconciliation streamlined.
The solution brings together multi-tender orchestration, card authentication, intelligent payment routing, processing and automated reconciliation within a single, network-level payment flow. Merchants can combine cards, account-to-account payments, vouchers, coupons, loyalty currencies, and other stored-value instruments in one transaction, improving booking allocation and simplifying back-office operations.The multi-tender payment solution incorporates patented credential-less tokenization and payment technology, which eliminates stored credentials entirely, removing a primary target for fraud and account takeover attacks. Unlike traditional tokenization, this approach generates ephemeral, single-use keys that cannot be intercepted or reused, enabling secure and flexible payment experiences across channels. This expands UATP's Ceptor capabilities to all channels including in-store, in-airport and in-flight purchases. The partnership solves a growing demand for payment optimization across retail and travel verticals alike. By operating at the network-level, UATP gives merchants a way to modernize their payment stack without disrupting existing acquiring, gateway, or settlement relationships."Merchants want to expand payment choice without adding complexity or cost," said Ralph Kaiser, President and CEO of UATP. "Our proven infrastructure, combined with Mica's technology, helps merchants adopt new payment models efficiently, even in the most complex business environments. By delivering multi-tender and credential-less capabilities as a network solution, we enable merchants to orchestrate multiple forms of payment within a single transaction, while keeping settlement, reporting, and reconciliation fully streamlined across the UATP platform."The rule-based network capabilities allow merchants to decide how to allocate a basket total across various tenders, such as loyalty currencies, stored value, or alternative methods, before routing any remaining balance through card or account-based rails. With this flexibility, merchants can accept a broad range of payment forms, including stablecoin, account-to-account transfers, and traditional methods, all through a single platform optimized for online, in-app, and in-person use."Merchants have been forced to choose between payment flexibility and fraud protection. With Mica's credential-less tokenization and multi-tender payments technology now available through UATP's global network, they no longer must compromise. We are eliminating credential exposure that fuels massive payment fraud, with a more powerful payment experience with multi-tender orchestration, something legacy payment systems simply cannot deliver." said Mike Ward, CEO of Mica.Because the capabilities are delivered through UATP's network, merchants maintain their existing acquiring, gateway, and settlement relationships while gaining access to new multi-tender orchestration and credential-less tokenization and payment technology. The solution will help drive payment innovation across the ecosystem as multi-tender adoption grows.Media Contacts:
UATP: Wendy Ward, CMO, UATP, wward@uatp.com
Mica: Christopher Loughlin, CGO, Mica, christopher.loughlin@mica.ioAbout UATP
UATP is one of the largest global and most secure closed-loop networks, simplifying payments in complex industries. We make it easy for businesses to make or accept any type of payment; open new markets, drive growth, and reduce costs for Issuers, Merchants, vendors, agents, aggregators, and more. UATP is continually innovating to connect companies to new forms of payment (AFPs), and our easy-to-use data tools, DataStream® and DataMine®, provide comprehensive account details to Issuers and Corporate Account Holders. Our team has decades of experience with the ever-changing payments landscape, and our reliable and proven technology ensures our global customers get more from every payment experience. Learn more at uatp.com.Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies, and Amtrak®; UATP accounts are issued by: Aeromexico; AERTiCKET; Air Canada (TSE: AC); Air China; Air New Zealand (ANZFF.PK); Air Niugini; AirPlus International a wholly owned subsidiary of SEB Kort; Akbar Travels; American Airlines (NASDAQ: AAL); APG Airlines; APG Pay; Austrian Airlines; BCD Travel; China Eastern Airlines (NYSE: CEA); ConnexPay; Delta Air Lines (NYSE: DAL); EL AL Israel Airlines; Ethiopian Airlines; Etihad Airways; Fareportal; Flight Centre Travel Group; Frontier Airlines; GOL Linhas Aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Hahn Air; High Point Travel; Hopper; Japan Airlines (9201:JP); JetBlue Airways; LATAM Airlines; MakeMyTrip; Qantas Airways (QUBSF.PK); Shandong Airlines; Sichuan Airlines; Southwest Airlines; Sun Country Airlines; TUIfly GmbH; Turkish Airlines (ISE: THYAO); United Airlines (NASDAQ: UAL); Wego; WestJet; Wings Global Travel and W2 by GO7.About MicaMica is building the infrastructure for how commerce moves value. Designed as modern payment infrastructure at the network layer, Mica can dramatically enhance or replace legacy card-based rails with a credential-less, multi-tender transaction model built for the realities of digital and physical commerce. The platform enables secure, flexible transactions across channels while preserving existing acquiring, gateway, and settlement relationships—allowing merchants and networks to modernize without disruption.Mica offers patented credential-less tokenization and payment services extensible via APIs. Within a single payment rail Mica can support on-line, in-app, P2P and in-store use cases across any form of value; debit, credit, loyalty, crypto, closed loop, stablecoins, etc. By removing structural constraints embedded in traditional payment systems—rigid tender models, credential exposure, and operational friction—Mica gives merchants, networks, and platforms the ability to orchestrate how value is exchanged with greater intelligence, control, and scale. Learn more at www.mica.io.
View original content to download multimedia:https://www.prnewswire.com/news-releases/uatp-partners-with-mica-to-bring-credential-less-multi-tender-payment-solution-to-merchants-302692752.htmlSOURCE UATP
Original: UATP Partners with MICA to Bring Credential-less Multi-Tender Payment Solution to Merchants
KingDMC
11年前
China Eastern and Delta solidify strategic partnership
Source: PR Newswire (US)
SHANGHAI and ATLANTA, July 27, 2015 /PRNewswire/ -- China Eastern Airlines and Delta Air Lines today signed an agreement to expand their partnership and better connect Delta's global network with China Eastern, one of the leading airlines in China. The agreement will include a $450 million investment by Delta to acquire a 3.55 percent stake in China Eastern.
China Eastern and Delta solidify strategic partnership
This move marks a significant step in the airlines' collaboration and partnership that will allow Delta and China Eastern to compete more effectively on routes between the U.S. and China, provide more travel options for customers in both countries and make joint investments in the customer experience.
"The execution of the Subscription Agreement and the launching of commercial cooperation plan by China Eastern and Delta indicate significant strategic moves of China Eastern to comprehensively reform further, actively explore and develop mixed ownership economy, and actively promote globalized development," said Shaoyong Liu, China Eastern CEO. "The cooperation of the parties is based on a global vision and joint strategic blueprint. The parties will take advantage of their respective route networks, flight services, relevant businesses and advantageous resources to fully connect the world's two top economies as well as two top air transportation markets. The parties wish, through excellent operation and international cooperation, to optimize customer experience, enhance the parties' global competitiveness and promotes the development and revenue growth of both parties."
"Delta's relationship with China Eastern is long-standing. We share a vision that will create the most profitable, enduring franchise between the U.S. and China, with world-class customer service," said Richard Anderson, Delta CEO. "For the past three years, Delta has welcomed members of the China Eastern team at our headquarters for sharing best practices and work study opportunities. We have learned much from one another already and look forward to deepening our already effective partnership."
China Eastern, with its wholly owned subsidiary Shanghai Airlines, and Delta currently operate codeshare flights on 30 domestic routes in the U.S., 43 domestic routes in China and seven trans-Pacific routes between China and the U.S. China Eastern serves the three largest U.S. markets, with four nonstop flights from Shanghai and Delta serves the three largest cities in China with six daily non-stop flights from the U.S.
China Eastern and Delta continue to strengthen cooperation and support each other in the China-U.S. market through greater access to each other's networks and an improved customer experience. Among recent improvements:
China Eastern and Delta have expanded their joint China-U.S. offering – further cementing their position in the largest market to/from Shanghai – with Delta's recent addition of new Los Angeles to Shanghai service.
Delta's recent move to Terminal 1 at Shanghai's Pudong Airport to co-locate with China Eastern and Shanghai Airlines has resulted in more convenient connections and a seamless airport and baggage experience for customers.
Newly developed joint corporate sales provide more competitive products to customers in China and the U.S.
Equity investment
As part of the enhanced strategic partnership, China Eastern and Delta entered into a conditional subscription agreement where Delta will invest $450 million in China Eastern's H-shares, which trade on the Hong Kong Stock Exchange. The investment equals approximately 10 percent of China Eastern H shares and [3.55] percent of the total shares of China Eastern. Delta also will be entitled to an observer seat on the China Eastern board of directors. The agreement is conditioned upon achievement of a final marketing agreement and approval by each carrier's board of directors.
"The cooperation between China Eastern and Delta is a strategic cooperation between two excellent airlines which connect the world's two top economies as well as two top air transportation markets. We're fully confident in the prospect of the cooperation," said Shaoyong Liu, the Chairman of China Eastern.
"Delta's equity investment in China Eastern is an investment in the future success of the partnership," Anderson said. China is the second largest travel market from the US and is projected to grow more than twice the global average, becoming the largest market from the U.S. in the next few years.
China Eastern in the U.S.
China Eastern will operate 35 weekly departures to 4 destinations in US from Shanghai, 2 flights a day to Los Angeles, daily to New York, San Francisco and Hawaii, also 3 flights a week from NanJing to Los Angeles. China Eastern operates Luxurious new 777-300ERs on routes between China and North America, which will be a major market for China Eastern over the future years. China Eastern plans to open new routes to North America and also boost frequencies on existing routes.
Delta in China
Delta will operate 28 weekly departures to Shanghai this summer. Delta also offers daily service to China's capital, Beijing, from Seattle and Detroit and to Hong Kong from Seattle. Delta has grown its China network by nearly three times in the past five years.
The partnership with China Eastern is part of Delta's broader strategy to collaborate and expand services to China and offer the most robust global airline network to become a more prominent U.S. carrier while continuing to offer the most robust network choices of a U.S. global carrier.
Delta is making significant investments to build the most Chinese-friendly U.S. airline. Chinese travelers are well served with local language options on delta.com, at airport self-service kiosks and among in-flight entertainment selections. The airline has Chinese-speaking flight attendants on every flight to and from China and offers Chinese cuisine among its in-flight meal options. Delta launched its official WeChat account to provide Chinese customers with in-language flight information, marketing promotions and tips for popular Delta destinations through China's most popular SNS service.
KingDMC
11年前
From press release 5 mins ago:
The Board is pleased to announce that on 27 July 2015, the Company entered into the Subscription Agreement with the Subscriber pursuant to which the Company has agreed to allot and issue to the Subscriber, and the Subscriber has agreed to subscribe for 465,910,000 Subscription Shares, at the Subscription Price of HK$3,488,895,000, upon the terms and subject to the conditions set out in the Subscription Agreement.
The 465,910,000 Subscription Shares represent (i) approximately 11.11% of the existing number of issued H Shares, and approximately 3.68% of the existing number of issued Shares as at the date of this announcement; and (ii) 10% of the then total number of issued H Shares (assuming that there is no change in the total number of issued H Shares other than the Subscription Shares since the date of the Subscription Agreement and up to Completion), and approximately 3.55% of the then total number of issued Shares (assuming that no Placing Shares under the Proposed A Share Placing are issued and there is no change in the total number of issued Shares other than the Subscription Shares since the date of the Subscription Agreement and up to Completion), in each case, as enlarged by the allotment and issue of the Subscription Shares. The aggregate nominal value of the Subscription Shares under the Subscription will be RMB465,910,000.
Assuming 465,910,000 Subscription Shares are subscribed for under the Subscription, the gross proceeds from the Subscription will be approximately HK$3,489 million and the net proceeds from the Subscription will be approximately HK$3,474 million (after deduction of expenses of the Subscription payable by the Company). The Company intends to utilize the net proceeds for working capital and other general corporate purposes.
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stocktrademan
12年前
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